The accompanying table gives the option quote on IBM from the CBOE website. a. Which option contract had the most trades on this day? b. Which option contract was being held the most overall? c. Suppose you purchased one option contract with symbol IBM16161155-E. How much did you need to pay your broker for the option contract (ignoring commissions)? d. Suppose you sold one option contract with symbol IBM1619H165-E. How much did you receive for the option contract (ignoring commissions)? e. The calls with which strike prices were in-the-money? Which puts were in-the-money? Data table IBM (INTL BUSINESS MACHINES) 161.36 1.78 Jul 20 2016 @ 17:21 ET Bid 161.11 Ask 161.3 Size 3 X 1 Vol 4372921 Last Calls Net Bid Open Last Ask Vol Puts Open Sale Net Bid Ask Vol Int Sale Int 16 Aug 155.00 (IBM 1619H155-E) 6.45 0.75 6.95 7.25 9 7640 16 Aug 155.00 (IBM 1619T155-E) ( 1.18 -0.75 1.17 1.25 61 4505 16 Aug 160.00 (IBM 1619H160-E) 3.3 0.85 3.15 3.3 101 12811 16 Aug 160.00 (IBM 1619T160-E) 2.76 -1.24 2.71 2.84 61 2114 16 Aug 165.00 (IBM 1619H165-E) 1.05 0.3 0.96 1.06 178 27064 16 Aug 165.00 (IBM 1619T165-E) 7.1 -0.4 5.7 5.9 1 332 16 Aug 170.00 (IBM1619H170-E) 0.21 -0.01 0.21 0.27 20 6086 16 Aug 170.00 (IBM 1619T170-E) 12.25 0 9.95 10.3 0 0 393 16 Sep 155.00 (IBM 1616155-E) 7.77 1.58 7.5 7.7 2 122 16 Sep 155.00 (IBM 1616U155-E) 2.34 -0.59 2.13 2.22 3 251 16 Sep 160.00 (IBM 16161 160-E) 4.05 0.76 4 4.2 6 380 16 Sep 160.00 (IBM 16160160-E) 4 - 1.09 3.8 4 1 476 16 Sep 165.00 (IBM 16161165-E) 1.87 0.47 1.76 1.88 161 297 16 Sep 165.00 (IBM 1616U165-E) -E 6.65 -2.1 6.55 6.75 27 16 Sep 170.00 (IBM 16160170-E) 0.65 0.07 0.63 0.71 2 498 16 Sep 170.00 (IBM 16160 170-E) 12.35 0 10.4 10.7 0 47 Source: Chicago Board Options Exchange at www.cboe.com. 1 Print Done